Bitcoin Drops To $63k After Us-Israel Strikes On Iran

On February 28, 2026, Bitcoin experienced a significant drop, falling to approximately $63,000 following military strikes by the United States and Israel on Iran. This decline, which saw Bitcoin decrease by about 3% within hours, erased roughly $128 billion in market value across digital assets, as reported by Bloomberg. The immediate aftermath of the strikes led to over $250 million in liquidations in the crypto market, highlighting the volatility that often accompanies geopolitical tensions. Israeli Defense Minister Israel Katz declared a state of emergency in Israel, indicating the seriousness of the situation. "The hour for your freedom is at hand," U.S. President Donald Trump urged Iranians in a video, further escalating the geopolitical narrative surrounding the conflict (TechJuice, Profit by Pakistan Today).